A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of $317.50. What is the simple interest rate? _____%

Sergey Shambir asked Jun 20, 2023

5,875 views

25 votes

A newspaper advertisement offers a $9,000 car for nothing down and 36 easy monthly payments of $317.50. What is the simple interest rate?

_____%

Sergey Shambir asked Jun 20, 2023

2.7k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

6 votes

A=$11,430 ; I=$2,430

2.4k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers